rss

Category: Business

0

Leaks show Chelsea owner Abramovich funded Israeli settler group

Russian oligarch’s firms donated £74m to Elad, who are accused of trying to seize Palestinian neighbourhoodsCompanies controlled by Chelsea owner Roman Abramovich donated tens of millions of pounds to a highly controversial Israeli settler group accuse…

0

Football League rings alarm for Premier League to help save clubs from ruin

EFL says time running out to prevent clubs going bankruptProposals being discussed with Premier League for financial aidThe Football League believes it is running out of time to secure a bailout that would prevent some of its 72 clubs from going bankru…

0

US consortium see second £400m West Ham offer rejected but plan third bid

Gold and Sullivan rejected second offer after initial £350m bid Consortium exploring possibility of buying the London Stadium The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approa…

0

US consortium see second £400m West Ham offer rejected but plan third bid

Gold and Sullivan rejected second offer after initial £350m bid Consortium exploring possibility of buying the London Stadium The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approa…

0

EFL enters ‘critical’ 48 hours in push to get crowds and avoid financial disaster

League to continue with pilot events capped at 1,000 fansMonthly loss of about £22m expected without spectatorsPressure is growing on the government to allow the return of fans to live football, with a leaked letter from the EFL describing the next 48 …

0

American consortium to step up efforts to buy West Ham after first bid rejected

Opening offer of £350m was rejected last monthOwners David Sullivan and David Gold unpopular with fansAn American consortium proposing a takeover of West Ham is preparing an improved offer for the club after its opening bid of £350m was rejected last m…

0

David Beckham’s esports team to float on London Stock Exchange

Guild Esports plans to raise £20m and £50m valuation as it aims to create global franchiseDavid Beckham’s esports team is to float on the London Stock Exchange to raise tens of millions of pounds to fund its entry into the booming world of online gamin…

0

Manchester City chairman says he holds no grudge against Uefa over ban

City won appeal against Uefa’s two-year ban for FFP breachesKhaldoon al-Mubarak: ‘Life is too short to carry grudges’Manchester City’s chairman, Khaldoon al-Mubarak, has said there is no grudge against Uefa after the club’s successful appeal against a …

0

Williams F1 sold to US investment company Dorilton Capital

Racing team has been under financial pressure due to heavy losses and Covid-19 pandemicThe Williams Formula One racing team has been sold to US investment firm Dorilton Capital, after 43 years as a family-owned outfit.The company has wrestled with heav…

0

Wigan survival boosted after former owner waives £36m owed by club

Au Yeung Wai Kay agrees to write off debts owed Administrators say reported potential buyer is ‘not credible’Administrators working to save Wigan have said that the former owner, Au Yeung Wai Kay, has agreed to waive debts of about £36m owed to him by …

0

Wigan survival boosted after former owner waives £36m owed by club

Au Yeung Wai Kay agrees to write off debts owed Administrators say reported potential buyer is ‘not credible’Administrators working to save Wigan have said that the former owner, Au Yeung Wai Kay, has agreed to waive debts of about £36m owed to him by …

0

Why north-east is up in arms at collapse of Saudi Arabia bid to buy Newcastle | David Conn

With such a united front of support for the takeover, however surprising, it is more useful to understand than condemnThe eruption of protest in the north-east at the collapse of the Saudi Arabian bid to buy Newcastle United has come as a shock to thos…

0

EFL salary cap ‘unlawful and unenforceable’, says PFA

Clubs to vote on its implementation on FridayPlayers’ union calls for period of arbitration this monthThe Professional Footballers’ Association has declared moves to impose a salary cap on EFL clubs may be “unlawful and unenforceable” a day before the …

0

‘Never say never’: Newcastle say Ashley still committed to Saudi-led sale

Club director Lee Charnley responds to consortium’s withdrawalHenry Mauriss must show proof of funds if he wants to take over Newcastle’s managing director has raised hopes, admittedly slender, that the club’s collapsed sale to a Saudi-led consortium c…

0

Newcastle have had a narrow escape and may realise that in the fullness of time | Jonathan Liew

Only when a new owner buys out the hated Mike Ashley will the club’s fans appreciate the Saudi Arabia deal was not the one they needed to hitch themselves toPut the cans back in the fridge. Take down the Kylian Mbappé poster from your bedroom wall. Qui…

0

Vodafone signs up to sponsor Lions tour despite coronavirus uncertainty

Mobile phone company will be lead partner and shirt sponsor‘Sport has had its challenges and needs help’Vodafone is taking a punt on the British & Irish Lions signing up as lead partner of next year’s tour to South Africa, in a show of faith in int…

0

Wigan Athletic forced to begin talks with second bidder after sale collapses

Talks with potential new owner fall apart in first stageClub to continue to pursue appeal against 12-point deductionWigan Athletic have been plunged back into uncertainty after talks with a potential new owner fell apart in the first stage of negotiati…

0

Wigan Athletic: lawyers appointed to investigate collapse of club

Possible gambling connection cited by Rick ParryEFL said various rumours and reports have been circulatingThe administrator of Wigan Athletic has said lawyers have been appointed to investigate the circumstances of the club’s collapse, including the ru…

0

Brutal and bizarre: the story of how Wigan collapsed into administration | David Conn

On the day Au Yeung took ownership after a £41m purchase he decided not to fund the club, and an investigation is now dueThe brutal, bizarre collapse of Wigan Athletic has raised many glaring and alarming questions, but one central contradiction lies i…

0

Premier League will hand over £1m to help Women’s Super League restart

We want the game to be successful, says chief executiveEFL has not approached for extra funding, Richard Masters addsThe Premier League will donate £1m to help the Women’s Super League restart next season but continues to stand its ground on providing …